Saudi Arabia - Wood Pellets - Market Analysis, Forecast, Size, Trends and Insights
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View PricingWood Pellets Price in Saudi Arabia - 2022
Contents:
- Wood Pellets Price in Saudi Arabia (CIF) - 2022
- Wood Pellets Price in Saudi Arabia (FOB) - 2022
- Wood Pellets Imports in Saudi Arabia
- Wood Pellets Exports in Saudi Arabia
Wood Pellets Price in Saudi Arabia (CIF) - 2022
In 2022, the average wood pellets import price amounted to $260 per ton, growing by 8.4% against the previous year. In general, the import price, however, recorded a abrupt descent. The growth pace was the most rapid in 2016 an increase of 20% against the previous year. The import price peaked at $656 per ton in 2017; however, from 2018 to 2022, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was China ($2,096 per ton), while the price for Indonesia totaled $545 per ton.
From 2013 to 2022, the most notable rate of growth in terms of prices was attained by Indonesia (-4.6%), while the prices for the other major suppliers experienced a decline.
Wood Pellets Price in Saudi Arabia (FOB) - 2022
The average wood pellets export price stood at $298 per ton in 2021, picking up by 104% against the previous year. Over the period under review, export price indicated perceptible growth from 2012 to 2021: its price increased at an average annual rate of +4.7% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, wood pellets export price decreased by -2.5% against 2018 indices. The export price peaked at $306 per ton in 2018; however, from 2019 to 2021, the export prices failed to regain momentum.
As there is only one major export destination, the average price level is determined by prices for Bahrain.
From 2012 to 2021, the rate of growth in terms of prices for Qatar amounted to +10.7% per year.
Wood Pellets Imports in Saudi Arabia
In 2022, purchases abroad of wood pellets decreased by -17.6% to 6.6K tons for the first time since 2018, thus ending a three-year rising trend. In general, imports, however, showed a significant increase. The pace of growth appeared the most rapid in 2020 when imports increased by 119%.
In value terms, wood pellets imports reduced to $1.7M in 2022. Overall, total imports indicated a buoyant increase from 2019 to 2022: its value increased at an average annual rate of +15.9% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +55.6% against 2019 indices. The most prominent rate of growth was recorded in 2020 when imports increased by 37% against the previous year.
Import of Wood Pellets in Saudi Arabia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Indonesia | 7.4 | 41.6 | N/A | 42.2 | 78.7% |
China | 19.6 | 3.7 | 5.0 | 9.3 | -22.0% |
Bosnia and Herzegovina | N/A | N/A | 6.1 | N/A | 0% |
Malaysia | 184 | N/A | N/A | N/A | 0% |
Turkey | N/A | 21.3 | N/A | N/A | 0% |
Ukraine | 3.7 | N/A | N/A | N/A | 0% |
Others | 891 | 1,449 | 1,914 | 1,669 | 23.3% |
Total | 1,106 | 1,515 | 1,925 | 1,720 | 15.9% |
Top Suppliers of Wood Pellets to Saudi Arabia in 2022:
- Indonesia (0.1K tons)
Wood Pellets Exports in Saudi Arabia
In 2022, approx. 22 tons of wood pellets were exported from Saudi Arabia; surging by 3% against 2021 figures. In general, total exports indicated a prominent increase from 2019 to 2022: its volume increased at an average annual rate of +15.0% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -2.8% against 2020 indices. The pace of growth appeared the most rapid in 2020 when exports increased by 56% against the previous year. As a result, the exports attained the peak of 23 tons. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
In value terms, wood pellets exports dropped remarkably to $4.9K in 2022. Overall, total exports indicated a temperate increase from 2019 to 2022: its value increased at an average annual rate of +3.8% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +46.1% against 2020 indices. The pace of growth was the most pronounced in 2021 with an increase of 92% against the previous year. As a result, the exports attained the peak of $6.5K, and then shrank significantly in the following year.
Export of Wood Pellets in Saudi Arabia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 | |
Bahrain | N/A | N/A | 6.5 | 0% | |
United Arab Emirates | 4.4 | N/A | N/A | 0% | |
Others | N/A | 3.4 | N/A | 0% | |
Total | 4.4 | 3.4 | 6.5 | 21.5% |
Top Export Markets for Wood Pellets from Saudi Arabia in 2022:
- Bahrain (88.0 tons)
This report provides an in-depth analysis of the wood pellets market in Saudi Arabia. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- FCL 1693 - Wood pellets
Country coverage:
- Saudi Arabia
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Saudi Arabia
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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Explore the world's top import markets for wood pellets, including the United Kingdom, Japan, South Korea, Italy, and more. Discover the import values and statistics of these countries using IndexBox market intelligence platform.
Global wood pellet imports spiked by +9.2% y-o-y to $4.5B, reaching the highest point ever. The UK remains the largest wood pellet importer, accounting for 35% of the total global imports. Among leading importers, the Netherlands saw the most prominent growth of supplied volume last year. The average import price for wood pellets grew by +4.3% y-o-y in 2020. The U.S., Vietnam, Canada, Latvia, Russia and Denmark constitute the prime exporters of wood pellets worldwide.
The global wood pellets market revenue amounted to $5,359.9B in 2018, rising by 6.8% against the previous year. This...
The U.S. dominates in the global wood pellet trade. In 2014, the U.S. exported X thousand tons of wood pellets totaling X million USD, X% over the previous year. Its primary trading partner was the United Kingdom, where it supplied X% of
Explore the top import markets for wood pellets and other agglomerates, including the United Kingdom, Japan, South Korea, Italy, and more. Discover their import values and key statistics.
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The solid biofuel market indicated steady growth. The pandemic generated financial and logistics issues for producers, but this failed to disrupt output, as a result of the consistent demand for long-term supply contracts. The production of wood pellets remains the fastest-developing segment on the solid biofuel market.
Explore the world's top import markets for wood pellets, including the United Kingdom, Japan, South Korea, Italy, and more. Discover the import values and statistics of these countries using IndexBox market intelligence platform.
Global wood pellet imports spiked by +9.2% y-o-y to $4.5B, reaching the highest point ever. The UK remains the largest wood pellet importer, accounting for 35% of the total global imports. Among leading importers, the Netherlands saw the most prominent growth of supplied volume last year. The average import price for wood pellets grew by +4.3% y-o-y in 2020. The U.S., Vietnam, Canada, Latvia, Russia and Denmark constitute the prime exporters of wood pellets worldwide.
The global wood pellets market revenue amounted to $5,359.9B in 2018, rising by 6.8% against the previous year. This...